Spotlight

How Naspers deployed half of its $77M South Africa-focused fund in 5 years

South Africa's largest VC fund, Naspers Foundry has discontinued its early-stage fund citing tighten economic conditions. We take a look at the company's investments in the country since 2019.

Meet the inaugural cohort of Google for Startups Accelerator for African female-led startups

Fifteen startups from eight African countries have been selected for the inaugural cohort of the Google for Startups Accelerator for African female-led startups.

Inside the implementation of the Nigeria Startup Act

Its four months since Nigeria's president assented to the country's startup act, and only 32% of states in the country have indicated interest to domesticate the Act.

SafiriSalama.com is helping Kenyans to digitally plan and manage funerals

Kenyan funeraltech startup, SafiriSalama.com is pioneering the digitisation of the country's end-of-life industry which is estimated to be worth $450 million (KShs 56 billion) annually.

Kobo360 joins Flutterwave, Wave in the list of top YC-backed startups in Africa

Y Combinator has listed eight African companies including Kobo360 among its most valuable companies, each of these companies is valued at over $150 million.

How to monitor the 2023 Nigeria election's results online

Aside from INEC Election Viewing Portal, you can monitor Nigeria's 2023 elections online via Stears Elections, Civic Hive Election Results Portal, Dataphyte Elections Portal and UZABE by Connected Development.

National IDs are important for KYC, but frequent downtimes hinder their reliability, reports Smile Identity

In 2022, National ID databases in Africa experienced an average daily downtime of 6%, according to Smile Identity's KYC report. This frequent downtime hinders their reliability as a sole verification step in onboarding customers on the continent.